Thursday, February 11, 2010

Current Events Analytical

In America, labor has become a part of everyday life. As accustomed as it has become to everyone around us though, there a still flaws in the system. Even today there is no perfect labor union system, and unemployment has spiked recently. There are also debates on whether minimum wage is helping or hurting American citizens. These issues are very though to fix and affect many more things than may be originally perceived. Unemployment is one of the most crucial topics in regard to labor. It not only affects the person without work, but because that person does not spend as much money, it affects businesses as well. Last year’s recession has left America’s unemployment rate fairly high, which has yet to decrease. This shows that even though our economy feels better than last year, there is still a large portion of people who have no income at all. When people lose their income, they do not lose all of their expenses. This may allow loans to build up, which especially in the case of credit card loans can ruin lives. Unemployment is a very difficult thing to fix though. That have been many different government plans to try and lower our current rates, but none of them seem to be working. One solution of our government’s to help the American is to increase minimum wage. This would give many people who are already under the poverty level more money to live more comfortable lives. This would also give people more spending money to help the economy. Raising minimum wage has a down side though. It may increase costs of a large company so much that they would need to fire some of their workers. This would possibly hurt our economy more than giving the people who kept their jobs more spending money. The U.S. government believes that the increase is the right choice though, as there is plans to raise minimum wage by 25 cents this July. Our work force today is also missing a unity that it has had in the past. That amount of workers that are in a union has dropped and the AFL-CIO has recently split apart, destroying most of the unions overlying organization. Although work conditions have improved enough that unions are not as necessary as they used to be, they are still necessary for the U.S.’s labor system to progress forward. Unions are the only way to allow employees to take on large corporations. People, now more than ever, can recognize when they should be paid more, and the organization provided by unions is the way to achieve what they deserve. The labor system in America is currently not at its highest point. Though, there are many ways to reverse this such as figuring out what is the best option for minimum wage, finding a way to get more Americans employed, and reestablishing the presence of unions in the work force. With these solutions, the labor system and the economy will be well on the way to recovery.

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